Plan Ledger DOL Form 5500 · updated monthly

Hosokawa Micron International Inc.401(k)

HOSOKAWA MICRON INVESTMENT RETIREMENT PLAN · SUMMIT, NJ · plan year 2024

Reported admin expense ratio · 2024
0.35%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Hosokawa Micron International Inc. reported $146,125 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $5,954 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.00% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 626th-largest of 2,419 plans among New Jersey employers on file, and the 3,445th of 13,661 in manufacturing. In 2024, employees put in $1.47 for every $1.00 the employer contributed; active participation has grown from 102 to 119 since 2022.

Plan summary
Net assets, end of year$43,882,025
Participants with balances158
Active participants119
Employer contributions$708,584
Employee contributions$1,044,886
Employer contribution per active participant$5,954
Average account balance$277,734
Benefits paid to participants$3,096,654
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.9M · 158 accts · $709K emplr
2023$39.7M · 143 accts · $647K emplr
2022$34.7M · 151 accts · $590K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,348
Investment management$62,777
Total administrative$146,125
The Hosokawa Micron International Inc. 401(k) match · 2024
Employer contribution per active participant$5,954
Median for plans this size$2,416
2024$5,954 per active participant
2023$5,174 per active participant
2022$5,788 per active participant

Hosokawa Micron International Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$83,348
SANCTUARY ADVISORS LLC · Investment advisory (participants)$62,777

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$146,125 · 0.35%
2023$64,238 · 0.17%
2022$725 · 0.00%
Same employer
Similar plansManufacturing · New Jersey
Rose Brand Wipers, Inc. NJ$45.5M · 0.21%
Edmund Optics, Inc. NJ$45.1M · 0.27%
Komline-Sanderson NJ$45.1M · 0.34%
Aak USA Inc NJ$44.3M · 0.38%
Weiss-Aug Co. Inc. NJ$43.4M · 0.44%
Puratos Corporation NJ$43.0M · 0.27%
Intest Corporation NJ$42.7M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133366823 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.